What is Affiliate Marketing?
Hi everyone and welcome, this is the first post of what will be many many more on the topic of making money online with affiliate marketing. So as a first post I thought I had better explain what affiliate marketing actually is, for all those who haven’t heard of it before.
What is Affiliate Marketing?
This is the most common question I get from friends and family when I tell them how I make money online.
Here is a small diagram that illustrates the process better than I can probably explain it.
The easiest way I have learnt to explain it (and believe me I’ve had a lot of practice) is comparing it to a real world salesperson.
You offer a product to a person, if they buy it you recieve a comission. Sounds simple huh? Well it is.
Now the only difference between being an online salesperson and a real world one is your comission. Now if you are new to the Internet Marketing world you probably haven’t heard of clickbank.com. This is a marketplace where publishers offer their products for sale and a lot of products have up to a 75% comission on the total price! Try finding that in any sales job!
I will explain the process of how clickbank works in a later post but check it out if you haven’t seen it before. I almost use Clickbank exclusively.
How Does Clickbank Work? | Clickbank Affiliate Blog on December 12th, 2008
[...] we start if you haven’t read my first post What Is Affiliate Marketing please do so now as I will assume you will know the basics of affiliate [...]